A Great Depression Worse Than 2008 - Survive & Thrive During The New Economic Reset | Arthur Hayes PT 1

Tom Bilyeu's Impact Theory

Impact Theory

News, Business, News Commentary

4.7 • 5.2K Ratings

🗓️ 3 October 2023

⏱️ 92 minutes

🔗️ Recording | iTunes | RSS

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Summary

Has a World War III like event already been set in motion? You’re likely already on alert and looking closely at money-printing, rising inflation, the potential banking crisis, the massive amount of debts at the country and consumer levels. Today’s two-part episode is an opportunity to gather knowledge and understanding about what’s happening right now so that you can devise the best strategy to survive financial collapse. Arthur Hayes, a brilliant macro-investor and entrepreneur is joining me and to expose the signs of an impending financial crisis that will be detrimental for people caught off guard. In the first part of this discussion, we’re going to explore why political instability is a greater concern, what it’s the biggest predictor of, and why energy is the anchor no one is talking about, and exactly what you’ll need to know that is leading to even greater inflation. Meet Arthur Hayes, the unflinching co-founder of BitMEX and a pivotal figure in the crypto world, known for his controversial yet insightful perspectives. You’re going to need to lean into this episode as this financial maverick tackles the daunting challenges of inflation, massive debt, and looming banking crises with candor and astute acumen. Stay tuned and discover the big disturbance Arthur sees on the horizon over the next 3 to 6 months, and why he says that Japan is the more successful version of China. Follow Arthur Hayes: Substack: https://cryptohayes.substack.com/ Twitter: https://twitter.com/CryptoHayes Instagram: https://www.instagram.com/arthur__hayes/ SPONSORS: Get 5 free AG1 Travel Packs and a FREE 1 year supply of Vitamin D with your first purchase at https://bit.ly/AG1Impact. Right now, Kajabi is offering a 30-day free trial to start your own business if you go to https://bit.ly/Kajabi-Impact. Head to www.insidetracker.com and use code “IMPACTTHEORY” to get 20% off! Learn a new language and get 55% off at https://bit.ly/BabbelImpact. Try NordVPN risk-free with a 30-day money-back guarantee by going to https://bit.ly/NordVPNImpact Give online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self. Go to https://bit.ly/PlungeImpact and use code IMPACT to get $150 off your incredible cold plunge tub today. ***Are You Ready for EXTRA Impact?*** If you’re ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness. This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. * New episodes delivered ad-free * Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more * Exclusive access to Tom’s AMAs, keynote speeches, and suggestions from his personal reading list * You’ll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: *Legendary Mindset: Mindset & Self-Improvement *Money Mindset: Business & Finance *Relationship Theory: Relationships *Health Theory: Mental & Physical Health *Power Ups: Weekly Doses of Short Motivational Quotes *****Subscribe on Apple Podcasts: https://apple.co/3PCvJaz***** Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Ray Dalio recently said the next five years will be a period of radical disorder. Money printing,
0:07.2	rising inflation, a potential banking crisis, and a whole lot of debt threatened to shock the global
0:12.1	markets. And many people, including today's guests, believe that something approximating
0:17.3	World War III has already begun. But even if that's all true, we can't control it.
0:23.5	Whatever hand we're dealt, we have to figure out a way to play it well.
0:26.7	So I bring you Arthur Hayes.
0:28.4	The controversial macro investor is going to provide a masterclass on navigating these difficult times.
0:36.4	What are the signs that you see on the horizon that a financial crisis might be headed
0:41.3	our way?
0:42.5	I absolutely agree there's going to be a major financial crisis, probably as bad or worse,
0:49.9	in the Great Depression sometime near the end of the decade.
0:52.6	Before we get there, we're going to have,
0:54.2	I think, the largest bull market in stocks, real estate, crypto, art, you name it, that we've
1:03.1	ever seen since World War II. And the reason I believe that is, if we back up to like
1:09.2	1945, essentially Europe blew itself up.
1:13.6	China was destroyed by a civil war and Japan, Russia essentially fought the war for everybody else and massive destruction.
1:22.1	So if you look across the world, the only company that was left was the U.S.
1:27.1	And, you know, they had a manufacturing base that was unharmed from the war.
1:32.3	And they essentially rebuilt the war and reaped them enormous benefits.
1:37.0	We're still, you know, people who are American are still living off of those benefits today.
1:41.6	But at the end of the day, everybody's sort of believing this thing called,
1:44.7	you know, Keynesian economics, which basically is, if something gets in trouble, the government
	...

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